AMD Stock Chart
AMD stock chart shows the characteristics of a company that has started to turn around after heading dangerously close to a bankruptcy, at least based on the Altman Z Score. Since the listing of the stock way back in the 1970’s, it has seen several peaks and troughs, most notably, it’s rise and fall during the dotcom bust at the turn of the century. While the AMD stock has never regained those levels again, the company’s shares did recover partially between 2005 and 2006, before falling to even greater lows. In early 2016, AMD shares began to show signs of a sustained resurgence, rising by over 300%, from $1.75 to $8 in the first half of the year. AMD remains an exciting and closely watched player in the semiconductors space, and it looks poised to effect a turnaround and rise again.
AMD Earnings Chart
AMD Stock Articles
While early investors who bought AMD stock are still in the green, investors who bought in at later stages are still deep in the red, with the exception of those who bought AMD shares in early 2016. One of AMD’s competitors Intel has managed to regain the levels it traded at prior to the dotcom bust, and NVIDIA, another peer which survived the bust with a relatively smaller thrashing has generated stellar gains for investors. In 2016, AMD managed to claw back significant market share in the graphics cards space, which raised hopes of an extended recovery for AMD stock thereafter. AMD shares zoomed in the first half of 2016, from as low as $1.75 a share, all the way up to $8 a share. AMD stock tanked again in September 2016, reflecting the risk of equity dilution faced by equity investors, owing to the company’s plan to restructure its long term debt by issuing common stock and refinancing its existing debt with convertible debt, which could also potentially translate to more equity shares in the long term. However, AMD shares recovered eventually, as the company landed a few important deals, including one big deal with Alibaba, whereby it would supply GPUs for use in Alibaba’s data centres globally. AMD continues to be an interesting stock to watch in the semiconductors space.